President Trump We are Absolutely Destroying These Horrible Regulations CSPAN April 4, 2017 7:21pm-7:53pm EDT
intelligence in the age of terror." 3:00 p.m. eastern, thomas dolby, author of "the speed of ound." watch the 15th annual indianapolis -- annapolis book festival. president trump earlier today hosted a white house town hall meeting about some of his initiatives concerning infrastructure, eliminating regulations, education and work force development. vice president mike pence introduces the event. vice president pence: thank you very much for that. how about a round of applause for that last panel, ivanka, dean, will burr. it's a pleasure to welcome you to the white house. thank you so much.
i want to thank everyone involved in the partnership for new york city. michael corbett, steven schwartzman. it's an hn nor to have the leaders that are gathered in the room here with us today. i know the president is on his way over, it's my great privilege this morning to share a few thoughts in the midst of this important conversation on the topics that you're covering before i introduce my friend and the 45th president of the united states. but let me say first and foremost, the companies represented in the partnership for new york city are all american success stories. you have our admiration. you have our appreciation. your business is -- businesses account for more than seven million jobs and you add over $1 trillion to our economy each and every year. what's more important is the people behind the numbers and the topics that you've covered today are all about creating more jobs and more opportunities for americans who are -- who are anxious to climb the ladder of
i'm sure you're aware, thanks in no small part to the leadership represented in businesses here in the room today. the first two jobs reports show that under president trump nearly 500,000 new jobs have been created in the first two months of this year. businesses and consumers haven't been this optimistic in decades. in fact, we just learned from the national association of manufacturers that in their historic quarterly report, 93% of manufacturers are optimistic about the future. that represented almost a 40-point increase in optimism since the last report. we think that is evidence of a vote of confidence in our new president, and in his vision to get this economy moving again by putting common sense principles into practice.
from the very outset of this administration, the president has been energetically working to roll back excessive regulation and red tape. leaders in congress and i see leader mccarthy who is with us today have been producing under what's known as the congressional review act, legislation to roll back onerous regulations that emerged from the waning days of the obama administration. in the coming tais, president trump will be signing even more bills into law, rolling back that avalanche of red tape. the president's also taken decisive executive action on expanding american energy, the keystone pipeline and the dakota pipeline. we are -- we continue to work earnestly with congress for a new future on health care reform. the president and i remain confident that working with the congress we will repeal and replace obamacare with health care reform that will work for the american people and work for the american economy and of course in the offing before we
investment and create opportunities for expanded career and vocational education. so today is all about -- is all about really giving you an opportunity to share your thoughts. it's part of an ongoing conversation this administration has commenced since the very first day the president took office, listening to business leaders, listening to everyday americans about ways that we can bring about his agenda to make america great again and to have our economy growing and expanding in a way that is consistent with the most powerful economy in the history of the world. i think the president is in the side chamber so let me say to all of you, the opportunity you have today is to hear from a man who i have a chance to sit with every day. what you're going to see firsthand is what i see each and
every day. and that is -- that is not only just a businessman made president, but you're going to focused, er informed, desitesive, and absolutely committed to make america great again. it is my high honor and distinct privilege to introduce to all of you, my friend, the 45th president of the united states of america, president donald trump. [applause] president trump: thank you, ike. good morning. hello, ivanka. i know you know a few of the people in -- >> i know you know a few of the people in this room.
president trump: i do, i do. >> i have to give you a heads up, ivanka chaired one of the sessions before this. tough act to follow. vice president pence listed some of the amazing accomplishments that have taken place since your election and your 75 days in office. the stock market has had almost unprecedented sustained growth. unprecedented confidence from our manufacturing sector and other business sectors leading to massive private sector investment in job growth. you have gotten rid of regulations that were unnecessary and were job stifling. you have strengthened our borders and strengthened our military. you've nominated a speesh supreme court justice. amongst many other things. how does that all that feel? president trump: and we're getting unbelievable credit for what we done, other than the mainstream immediate wraqua which gives us no credit -- media which gives us no credit
whatsoever. but we're getting lts of credit. if you look at the mining industry, the farming industry, fi of -- any of the major industries you see what's going on. even today i was very happy as i read this morning early that our trade deficit with others has gone down very considerably in the last short period of time. it's having a big impact. as you know, i'm meeting with the president of china on thursday and friday in palm beach, florida. and i think we're going to have a very interesting talk. we're having -- have a lot of respect for him, i've spoken to him numerous times, but we have to do better because our deficit $504 ina as you know, billion, that's enough for a lifetime. even steve would say that. but that's a year. we're going to have a great meeting. i'm sure we're going to have a fantastic meeting. we're going to talk about a lot of things, including, of course, north korea.
could you bring that chart? let me see that chart. this was something, this is sort of incredible. that's so beautiful. not quite. this is -- to build a highway in the united states, now this was just done yesterday. i saw it for the first time. i said, i'm speaking to some of my friends who are builders. really great builders. and they've gone through the process. we've all gone through it in new york. we call it the zoning process in new york. but you start up here and this -- from a 10 to 20-year process. you have, it's 17 agencies. you have hundreds and hundreds of permits. many of them are statutory where you can't even apply for the second permit until six months go by. the process. so this is to build a highway. this is a simple highway. these are the agencies so it's 17 agencies, how many different
steps is it? >> 29 different statutes. five different executive orders that all apply to this process. this is indicative. this is not a particular project but this is the type of process that a government -- this is a state government, would have to go through to permit a highway federal. this is just federal, not state regulations. president trump: it can take from 10 years, if you're really good, to 20 years. then they vote and you lose, they don't want it. and it costs sometimes hundreds of millions of dollars just to go through the process. thank you very much. that was a great job you did. be careful, don't fall. i don't want to have you fall. you'll be a big story in the ain fer you go down. i saw that yesterday, gary walked in and showed it to me. i said, you have to do me a favor. but a lot of you, you're such pros. some of the best pros in the world sitting in this room you
understand it. it's a process. i've always liked it. it gave people who could go through that process an advantage. like jerry. but it gave us an advantage if you could get through the process. but getting a building approved in new york is a horrible, horrible thing. and that's nothing compared to when you get into the highways and the dams. don't even talk about dams anymore. hydropower is a great, great form of power. we don't even talk about it. because to get the environmental permits are virtually impossible. it's one of the best things you can do. hide row. but we don't talk about it anymore. so we've come to a halt. we have a tremendous person that we put in charge of e.p.a., scott pruitt. who is an environmental person he wants clean air, clean water but he doesn't think it takes you 26 years to get a permit to build a building and to have jobs. at which time those companies are usually gone, out of business, etc. so we're speeding up the process. we're going to try to take that
process from a minimum of 10 years, down to one year. i said, can't we make it four months? cant we do it in four months? and there is a certain lodge toik that. but we'll be satisfied with a year. but it won't be any more than that year. we have to build roads. we have to build highways. we're talking about a very major infrastructure bill of $1 trillion, perhaps even more. and when we have to do our jobs, i mean if we say, we're giving to new york city hundreds of millions of dollars to build a road someplace, it doesn't help if they can't start. because it's going to take 7 1/2 years to get the permits. even to redo a road takes years to get the permits. you have a road that's there, you want to redo it. you have to get new permits for the kind of asphalt you're use, the kind of concrete you want to use. if we're going to give all this money, there was a very large infrastructure bill that was approved during the obama
administration, $1 trillion. nobody ever saw anything being built. i mean, to this day, i haven't heard of anything that's been built. they used most of that money, it went they used it on social programs. we want this to be on infrastructure. i'm working with steve roth and with richard lefrac, they're very good builders, great builders, they know how to get things done. they know how to cut red tape. we're going to give them the advantage of having what we have. i see elaine is here. so important, doing an incredible job, secretary of transportation. and elaine will be working but we're going to set up a committee headed by steve and richard, and we're going to cut a lot of red tape. we don't want to send $1 billion to new york and find out five years later the money is never spent because we're going to be very strong it has to be spent on shovels. not on other programs. and in the last case, a lot of
economy, as a number of people have said. it's over $1 trillion. we're worried that we're going to have a problem with congress. and -- president trump: with deductions. >> that too. but we're worried about various programs that help the city. the city is doing fine right now. even the yankees are doing fine. but what we're concerned about is the future. do you have any advites for us? - advice for us? president trump: i love new york. in some ways we're lucky i'm from new york. new york has unique problems. one of the problems you have is debt and deductibility. that's a big one. a lot of states that don't have debt or have very little debt, like in the case of mike pence where he did such a good job in indiana, it's a triple-a rated bond, one of the strongest in
the country and you know, deductibility is not that big of a deal. because they don't have that much to deduct. and over here, you know, new york, when you look at what's going on with us, we don't know in terms of the municipality, in terms of the state, we don't know if it can even make it if you don't have that. are people going to buy? so it's a very big problem. and the problem i have is that there are many places throughout the country that are the exact opposite position. and they consider that a gift to the state. and a gift to the people. and we know new york does things that a lot of people don't read about. you know, you look at what the money that they contribute to our economy, to our country, and people don't know about that. they don't maybe want to know about that. so you do have, i call it a tale of two cities. you have different interests. but i am watching over
everybody, jerry. you're in good hands. ok? you're in good hands. believe me. you can tell the people of new york. even though i didn't win new york state. i should have won new york state but i didn't. [applause] >> mr. president, kathy engelbert with deloith. i want to return -- deloit. i want to return -- deloitte. i want to return to a conversation we had with ivanka and will burr. as we think about our skill sets, in new york city, our public high school graduation rate is at 0%. but the readiness of our students for college and careers is only 37%. it's assessed at 37%. so as we look at the pace of change, we look at the digital transformation we see in business and the marketplace and we look at the skills that we -- the disconnect between what employers need and what our students coming into our work forces are prepared to deliver, it would be great to get your thoughts on the priorities of the administration around
apprenticeship models, which we have a beautiful apprenticeship model that works and brings in our next generation of leaders. i do think there's a lot we can do through relooking at funding programs. we talked about consolidating the many programs out there. we're all trying to make our individual impact and we can make a huge impact together. president trump: sure. i know you work hard on it. charter schools are another thing people are talking about a lot. some of the charter schools of new york have been amazing. they've done incredibly well. people can't get in i mean, you can't get in. it's been -- i don't call it an
experiment anymore. it's far beyond an experiment. if you look at so many elements of education and it's so sad to see what's coming, what's happening in the country, even the numbers, you say we're doing better but the numbers in new york, the numbers in chicago are very rough. the numbers in los angeles. the cities. it's a very rough situation.
common core, i mean, we have to bring education more local. we can't be managing education from washington. when i go out to iowa, when i go out to the different states and talk to them, they want to run their school programs locally and they'll do a much better job than somebody -- and look, these are some very good people in washington. but you also have bureaucrats that make a lot of money and don't really care that much about what they're doing or about the community that they have never seen and they'll never meet and never will see. i like the fact of getting rid of -- common core to me, we have to end it. we have to bring education local. to me. i've always said it. i've been saying it during the campaign. we're doing it, betsy devos, she's doing a terrific job. highly respected. tremendous track record. but she's got one of the toughest jobs of any of our secretaries, to me, she's got one of the toughest jobs. it's a pretty tough -- there are some pretty tough jobs out there but she's got one of the
toughest jobs. we're going to spend a lot of money a lot of expertise, we'll have great talent having to do with education because there's nothing more important than education. we've got to get the numbers in new york better and i think they will be better. a lot of people a lot of the greatest people i know in new york, they're totally in love, including ivanka and jared. they're so much involved and it's so important to them, the word education. and it's happening. i see it happening in new york very much. but it's happening elsewhere too. i think we're going to have a great four years. >> mr. president, i know you have a pressing issue to deal with. steve and mike, i think just wanted to thank you for attending today and maybe make a final comment on behalf of the >> thanks for being here. thanks everybody for being here.
i want to wish you really good luck with the chinese. that's an important thing. as we all know. and i think there's a real opportunity to make progress with them. you should have a good time in florida. i hope the weather is good. president trump: the weather will be good. thank you, steve. i want to finish by saying that we are absolutely destroying these horrible regulations that have been placed on your heads over not eight years, over the last 20, 25 years. you have regulations that are horrendous. dodd frank is an example of -- dodd-frank is an example of what we're working on. we're working on it now. we'll be coming out with some strong, far beyond recommendations, we're going to be doing things that are good for the banking industry so banks can loan money to people who need it. i speak to people, they used to borrow money from banks to,
there was one in nevada, to open up a pizza shop , he called me mr. trump because i hadn't won yet but he said, mr. trump i can't open up anything. i can't do anything. i had a bank for 20 years, now they don't even take my phone call. i was always a very good customer. so i haven't been able to do what i do. they can't do it. the banks got so restricted. i've always said, some people get insulted but you know, it's not necessarily the man that's making a lot of money that's running the bank. you look at the folks from government that are running all over the banks, they're running the banks. and the people that are really, you know, the head people, they're petrify of the regulators. they're petrified. they can't move. the regulators are running the banks. so we're going to do a very major hair cut on dodd-frank. we want strong restrictions, we want regulation, but not regulation that makes it impossible for the banks to loan to people who are
going to create jobs.
that's just one example. we're doing so many cuts on regulations and we have a book on regulations and if you add them all up, it goes up to the ceiling three times over. it's just one after another after another. it's just like that chart. i thought that chart was so descriptive. every industry is just like that chart. that's to build a simple roadway or highway. that's what you have to go through. and we're going to be able to get rid of 90%, 95% of that, and still have the same kind of protection. we want safety and we want environmental, we want environmental protection. i mean, i've won awards on environmental protection. i'm a big believer. belief it or not. but we want that kind of protection. we want clean air, and we want clean water. but we
shouldn't have to get the approvals from 16 different agencies for almost the same thing. so we have cauntry with tremendous potential.
we have the greatest people on earth. but we have to use that potential and we have to let those people do their thing. and with that, i just want to thank you all. i think you're going to see a very much different environment than you've been used to over the last, again, 20, 25 years. we're going to unleash the country and i'm willing to take the heat and that's ok. been taking the heat my whole life. but in the end, i know it's the right thing to do. we're going to create a lot of jobs. we have 100 million people in you look, the real number is not 4.%. they told me i had 4.6% last month i'm doing great. i said what about the 100 million people. a lot of those people came out and voted for me. i call them the forgotten man, the forgotten woman. a lot of those people a good percentage of them, would like to have jobs and they don't. one of the statistic that to me
is just ridiculous so the 4.6 sounds good but when you look
for a job, you can't find it, you give up. you are considered statistically employed. i consider those people
employed. if you look at what's happened with ford and with general motors and with fiat-chrysler and so many other car companies you see what they're doing back in michigan and ohio. they were leaving. they were going to mexico and many other places. they're now staying here. now, it did say, reid knows this well because you've seen me say it many times, it's ok, enjoy your new plant. please send me a picture, i'm sure it's going to be lovely. but when you make your car, or when you make your air conditioner and you think you're going to fire all our workers and open up a new place in another country, and you're going to come through our, what will be a very strong border, you already see what happened, 61% down in terms of illegal people coming in, way, way down
in terms of drugs pouring into our country and poisoning our
youth, way down. general kelly has done a great job. but when you think you're going to sell that car or that air conditioner, it's not going to happen. you're going to have a tax. the tax may be 35%. and you know what, every single major company that i've had that conversation with has said you know, we've see -- we've decided to stay in the united states. it's amazing. you would have thought they would have said this, frankly, for years. but nobody has ever said it. we've lost close to 70,000 factories over a relatively short period of time. 70,000. you wouldn't believe it's possible to lose 70,000 factories. 70,000. you know, you look at a map of the united states, how many factories can you lose? we lost almost 70,000 factories. and i will tell you, that's not happening because now they're all staying here and they're all expanding here. ford announced last week, a massive, pangs of three of its
plants. that was not going to happen, believe me, if i didn't win. so good luck, everybody. enjoy yourselves. you're my friends, you're amazing people. and we're going to put you to work. thank you. [applause] >> tonight on c-span a house judiciary subcommittee -- [captions copyright national cable satellite corp. 2017] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> hello. my